Days Inventory is also known as Days Sales of Inventory (DSI). Acutus Medical's Average Total Inventories for the
three
months ended in Dec. 2023 was $10.00 Mil. Acutus Medical's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $-13.15 Mil.
The historical rank and industry rank for Acutus Medical's Days Inventory or its related term are showing as below:
AFIB'
s Days Inventory Range Over the Past 10 Years
Min: 107.58 Med: 194.2 Max: 672.31
Current: 371.37
During the past 6 years, Acutus Medical's highest Days Inventory was 672.31. The lowest was 107.58. And the median was 194.20.
AFIB's Days Inventory is ranked worse than 81.57% of 776
companies
in the Medical Devices & Instruments industry
Industry Median: 186.925
vs AFIB: 371.37
Acutus Medical's Days Inventory
stayed the same
from Dec. 2022 (0.00) to Dec. 2023 (0.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Acutus Medical's Inventory Turnover for the
three
months ended in Dec. 2023 was -1.31.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Acutus Medical Days Inventory Historical Data
The historical data trend for Acutus Medical's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Acutus Medical's Days Inventory
For the Medical Devices subindustry, Acutus Medical's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Acutus Medical's Days Inventory Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Acutus Medical's Days Inventory distribution charts can be found below:
* The bar in red indicates where Acutus Medical's Days Inventory falls into.
Acutus Medical Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Acutus Medical's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Acutus Medical (NAS:AFIB) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Acutus Medical's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Acutus Medical's Inventory to Revenue for the
three
months ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Acutus Medical Days Inventory Related Terms
Thank you for viewing the detailed overview of Acutus Medical's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Acutus Medical (Acutus Medical) Business Description
Acutus Medical Inc is an arrhythmia management company focused on improving the way cardiac arrhythmias are diagnosed and treated. The company designs, manufactures and markets a range of tools for catheter-based ablation procedures to treat various arrhythmias. Its product portfolio includes Novel access sheaths, Transseptal crossing tools, Diagnostic and mapping catheters, Ablation catheters, Mapping and imaging consoles and accessories, as well as Supporting algorithms and Software programs. It markets and sells its electrophysiology products worldwide to hospitals and electrophysiologists that treat patients with arrhythmias. It has a business presence in the United States and Europe.
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